Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Thousand Dollars($165,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Fifty Thousand Dollars($165,000.00Forty Seven Dollars ($150,047.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bankbank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Two Hundred Sixty Five Four Thousand Dollars($165,000.00Dollars ($204,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bankbank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Two Hundred Sixty Five Thousand Dollars($165,000.00($200,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an annual ---------------- annual base salary in the amount of One Hundred Sixty Five Twenty Thousand Dollars($165,000.00Dollars ($120,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an annual ---------------- annual base salary in the amount of One Hundred Sixty Five Fifty Thousand Dollars($165,000.00Dollars ($150,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Eighty Thousand Dollars($165,000.00Dollars ($180,000) payable in accordance with the normal payroll practices of the BankCompany. Annual salary increases shall be according to Bank Company policy which are based on merit and the BankCompany's financial performance for the previous year. Annual increases are in the sole discretion of the BankCompany.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Thousand Dollars($165,000.00Dollars ($160,000.00) payable in accordance with the normal payroll practices of the BankCompany. Annual salary increases shall be according to Bank Company policy which are based on merit and the BankCompany's financial performance for the previous year. Annual increases are in the sole discretion of the BankCompany.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Forty Four Thousand Dollars($165,000.00Dollars ($144,000.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bankbank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Thirty Seven Thousand Dollars($165,000.00Eighty Eight Dollars ($137,088.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bankbank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an annual ---------------- annual base salary in the amount of One Hundred Sixty Five Thirty Six Thousand Dollars($165,000.00Two Hundred Dollars($136,200.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five and Twenty Thousand Dollars($165,000.00Dollars ($120,000.00) payable in accordance with the normal payroll practices periods at Bank. The Executive's annual salary shall be increased (but not decreased) during each year of the Term of this Agreement solely in the discretion of the Board of Directors of the Bank. Annual salary increases The Executive shall not be according to paid any further compensation for serving as a Director of the Bank policy which are based or on merit and committees of the Bank's financial performance for the previous year. Annual increases are in the sole discretion Board of Directors of the Bank.
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Operating Period. During the Term, Executive shall receive an ---------------- annual base salary in the amount of One Hundred Sixty Five Seventy Three Thousand Dollars($165,000.00Four Hundred Fifteen Dollars ($173,415.00) payable in accordance with the normal payroll practices of the Bank. Annual salary increases shall be according to Bank policy which are based on merit and the Bankbank's financial performance for the previous year. Annual increases are in the sole discretion of the Bank.
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